Rendell's unchecked spending and borrowing (with full consent of the Legislature) will cripple Pennsylvania fiscal viability long after Rendell leaves the governor's mansion.
Henry writes:
How out of control is the governor's deficit spending? The Commonwealth Foundation for Public Policy Alternatives recently calculated that Penn's woods is $110 billion in debt – amounting to $36,000 in debt for every family of four in the state. And, state government is poised to borrow billions more.Read the full post, "Debtsvylvania: Governor Ed Rendell has mortgaged our future" at PAtownhall.com
That state government is placing an onerous debt burden on us, our children and our grandchildren should be cause for dread alarm by taxpayers. Yet, Governor Rendell continues to preach the gospel that our debt load is lighter than 23 other states so we should borrow more. "Citizens should not take comfort in looking at how debt-burdened other states are;" argues Matthew Brouillette, President of the Commonwealth Foundation, "Governor Rendell's defense of more borrowing 'because everyone else is doing it' is as foolish as an individual running up credit card debt to keep up with the Jones."
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